Page 6 - Uae

Practo expands to UAE, targets markets with large Indian diaspora

The health-tech platform begins operations in key UAE cities, aiming to serve the Indian diaspora and ensure seamless care across India and the Gulf

UAE endorses India's global anti-terror campaign amid rising threats

During the interaction event, BJD MP Sasmit Patra shared that Operation Sindoor highlighted India's response towards terrorism.

All party delegations brief UAE, Japan about Op Sindoor, Pak-backed terror

India on Thursday launched its global outreach against terrorism emanating from Pakistan as multi-party delegations reached Japan and United Arab Emirates to assert the right to self-defence following Operation Sindoor. The delegation to Japan is led by JD(U) MP Sanjay Jha while Shiv Sena MP Shrikant Shinde is leading the delegation to the United Arab Emirates (UAE). The delegation led by Shinde met Ahmed Mir Khoori, member of the UAE Federal National Council at Abu Dhabi and conveyed India's strong resolve to counter state-sponsored terrorism originating from Pakistan soil. We proudly shared India's decisive success with 'Operation Sindoor' and highlighted the ongoing terrorism threats emanating from Pakistan, Shinde said in a post in X. Besides Shinde, the delegation comprises Manan Kumar Mishra (BJP), Sasmit Patra (BJD), E T Mohammed Basheer (IUML), S S Ahluwalia (BJP), Atul Garg (BJP), Bansuri Swaraj (BJP), former diplomat Sujan R Chinoy, and India's ambassador to the UAE Sunja

Beating retreat resumes, IMD warning, new gold import rules, Spain phone outage & more top

The 'Beating Retreat' ceremonies have resumed at Attari, Hussainiwala, and Sadiqi borders, 10 days after the conclusion of Operation Sindoor.

RBI gives in-principle nod to Emirates NBD for India subsidiary setup

The Reserve Bank of India on Monday said it has decided to grant "in-principle" approval to UAE-based Emirates NBD Bank PJSC for setting up a wholly-owned subsidiary in India. Emirates NBD Bank PJSC is currently carrying on banking business in India in branch mode through its branches located in Chennai, Gurugram and Mumbai. "The in-principle approval has been granted to the bank for setting up a WOS (wholly-owned subsidiary) through conversion of its existing branches in India," the Reserve Bank said in a statement. RBI further said it would consider granting a licence for commencement of banking business in WOS mode of the Banking Regulation Act, 1949 to Emirates NBD Bank PJSC, on being satisfied that the bank has complied with the requisite conditions laid down by RBI as part of "in-principle" approval. According to the bank's website, Emirates NBD India branches offer a range of banking services for both personal and corporate clients. It also offers an exclusive banking ...

UAE set to reject PSL 2025 hosting request from PCB, says media report

With Dubai also hosting the International Cricket Council (ICC) headquarters, and its strong cricketing ties with India, the Emirates may opt to steer clear of any controversial involvement

UAE cuts paperwork, speeds up degree nods for international students

UAE has introduced a new law cutting the number of documents required from 14 to just four - a 70% reduction

Pak goods worth $500 mn likely entering India via third countries: Official

Goods like dry fruits and chemicals worth USD 500 million are believed to be entering India through third countries including the UAE, Singapore, Indonesia and Sri Lanka, an official said. According to the official, it is said that a substantial proportion of USD 500 million exports from Pakistan which were earlier directly exported to India are now being rerouted through other countries. While Pakistani fruits, dry dates, leather, and textiles are repackaged and relabeled in the UAE for exports to India, chemicals are likely to be routed through Singapore. Similarly, Indonesia is being used as a transit route for Pakistani cement, soda ash, and textile raw materials. From Sri Lanka, it is expected that Pakistani dried fruits, salt, and leather goods were being shipped to India. Since there is a possibility of some of the USD 500 million exports now being routed to India through other countries, it is necessary to put a complete ban on exports from Pakistan to India (direct or ...

Iran, UAE Presidents condemn Pahalgam attack, offer condolences to victims

Iranian President Masoud Pezeshkian on Saturday held a telephonic conversation with Prime Minister Narendra Modi, during which he strongly condemned the terror attack in Jammu and Kashmir and offered his condolences for the victims.Both leaders agreed that there could be no justification for such acts of terror.In a post on X, Official Spokesperson for the Ministry of External Affairs, Randhir Jaiswal said: "President Masoud Pezeshkian of Iran called PM Narendra Modi and strongly condemned the terror attack in the Indian Union Territory of Jammu & Kashmir and conveyed his condolences for the victims. Both leaders agreed that there could be no justication for such acts of terror and all those who believe in humanity must stand together in the fight against terrorism. PM shared the anger and anguish of the people of India and their resolve to deal with those behind the terror attack and their supporters, firmly and decisively."Prime Minister Modi also expressed condolences for the

Sri Lanka to hold talks with India, UAE to build new energy hub in May

The hub in the eastern harbour city of Trincomalee will involve the construction of a multi-product pipeline as well as bunkering facilities

RBI provides export relaxations through warehouses in Bharat Mart in UAE

The Reserve Bank on Wednesday relaxed norms to facilitate export through warehouses in 'Bharat Mart', a multimodal logistics network-based marketplace in the United Arab Emirates, that will provide Indian traders, exporters, and manufacturers access to the markets around the world. In a circular, the RBI said banks may allow exporters to realise and repatriate full export value of goods exported to 'Bharat Mart' within nine months from the date of sale of the goods from the warehouse. Further, banks have been asked to allow opening/hiring of a warehouse in 'Bharat Mart' by an Indian exporter with a valid importer exporter code without any pre-conditions, after verifying the reasonableness of the same. It also apply on remittances by the Indian exporter for initial as well as recurring expenses for setup and continuing business operations of its offices.

UK, UAE, US withdraw nearly $1 billion from Pakistan's treasury bills

Pakistan has witnessed major outflows of foreign investment with just three countries withdrawing nearly USD 1 billion from the treasury bills during the current financial year. According to the State Bank of Pakistan, between July 1 and March 14 this fiscal year, inflows into T-bills totalled USD 1.163 billion while outflows stood at USD 1.121 billion, leaving a net balance of just USD 42 million. The withdrawal of USD 1 billion has left the outflows almost matching total inflows in Pakistan's fragile economy leading to investor caution despite attractive returns. The United Kingdom, traditionally Pakistan's largest T-bill investor, had invested USD 710 million during FY25 but withdrew USD 625 million. The United Arab Emirates and the United States recorded outflows of USD 205 million and USD 130 million, respectively. The Pakistan government to bring in foreign inflows has announced higher yields on its T-bills in comparison to most developed and developing economies. A financi

JNPA, DP World's NSICT settle 20-Year tariff dispute with Rs 705 cr deal

The dispute arose in 2005 when NSICT was disallowed to recover royalty payable to the port authority as a cost item of the rate of service

UAE conducts urgent evacuation of injured people, family members from Gaza

The patients departed from Ramon airport in Israel via Karam Abu Salam crossing to receive medical treatment in the country's hospitals

UAE grants Ramadan clemency, pardons more than 500 Indian nationals

This annual tradition of pardoning prisoners during Ramadan reflects the UAE's commitment to justice, compassion, and maintaining strong diplomatic relations with India

UP woman executed in UAE on Feb 15 for death of child under her care: MEA

She travelled to Abu Dhabi on a tourist visa on December 19, 2022, and upon arrival, stayed with a couple who secured a caretaker visa for her and employed her to look after their infant son

UAE-based Sharaf group announces Rs 5,000 cr investment in Kerala

In a move that will create more job opportunities in Kerala, UAE-based shipping and logistics giant Sharaf Group on Saturday announced an investment of Rs 5,000 crore in the state over the next five years. Sharaf Group Vice Chairman, His Excellency General Sharafuddin Sharaf, made the announcement at the Invest Kerala Global Summit here. He said that the shipping and logistics giant, which has been operating in India for the past 28 years and has a presence in more than seven major cities across the country, chose Kerala for investment due to the state government's initiatives to simplify the ease of doing business. Another factor, he said at a press conference during the summit, was the large pool of highly educated and capable human resources available in the state. Sharaf also said that not only in Kerala but in many other cities of India, the ease of doing business was simple, the company received a lot of support, and "things were getting done much faster." He said that the .

UAE-based NMDC Group PJSC to invest Rs 21,000 cr for Vadhvan Port Project

Under the MoU, NMDC Group PJSC will invest in developing the offshore land of Vadhvan coast, involving dredging, reclamation, and shore protection

Reliance Consumer Products launches Campa in UAE to expand global reach

Campa Cola is being launched in the UAE with Agthia Group, a leading F&B company from the region

Reliance Consumer takes soft drink brand Campa Cola to UAE market

Reliance Consumer Products Ltd, the FMCG arm of Reliance Industries, on Tuesday announced the launch of its soft drink brand Campa Cola in the UAE at the ongoing Gulfood, the world's largest F&B sourcing event. Campa Cola, which has disrupted the Indian beverages industry, is being launched in the UAE with partner Agthia Group, one of the region's leading food & beverage (F&B) companies, according to a joint statement. "This debut marks RCPL's first entry into the United Arab Emirates and reaffirms its long-term commitment to the region," it said. Reliance Consumer Products Ltd (RCPL) entered into the soft drink market after acquiring Campa Cola in 2022 and later reintroduced it in 2023. Commenting on the development RCPL COO Ketan Mody said:"We are excited to enter the UAE market with Campa, a heritage Indian brand founded more than 50 years ago. We are investing for the long term and see great potential for accelerated growth in the region. We have a track record of ...